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Read the release in kpe website
http://kpe.com/news/
Yes by kpe
You think a massive engineering firm does anything without some sort of financial backing lol
Yep! I already said this! U generally don't call your engineer and contractor a partner
Maybe u should do some dd in maple plc
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=35559159
It wasn't hanks company, it is now that old CEO now runs maple plc
http://www.gbfund.org/guillermo-ferreyros/
Works fine for me
This is what they get in exchange for the stake in mmex
APPENDIX A
ASSIGNOR
PROJECT INTELLECTUAL PROPERTY RIGHTS
As of March 4, 2017
1.0
PROJECT DEVELOPMENT
1.1 Business Plan
1.2 Cash Flow Model
1.3 Term Sheets, Proposals, Technical Data Sheets, MOU’s, Letters of Intent, Agreements, Correspondence with Baker & O’Brien Inc., or any other consultants regarding refinery business plan, crude supply, off-take agreements.
1.4 Memoranda, Discussions with Texas Pacifico RR, for transportation of Crude Oil and Refined Products.
1.5 Memoranda, Discussions with Rocky Mountain Transportation Services, Inc. consultancy for railroad management/operations and tank car leasing.
2.0
PUBLIC RELATIONS
2.1 Engagement Letter with Pierpont Communications, Inc.
2.2 Business Plan Development with Pierpont Communications, Inc.
2.3 Contacts, mails, discussion memorandum with Fort Stockton Economic Development Corp.
3.0
REFINERY TECHNICAL DATA
3.1 Term Sheets, Proposals, Technical Data Sheets, MOU’s, Letters of Intent, Agreements, Correspondence with Ventech International, LLC, or any other manufacturer or fabricator of the refinery components or equipment.
3.2 Term Sheets or Agreements or related data to Licenses or use of patents by any manufacturer or fabricator.
3.3 Pre-Feasibility Scoping Studies including drafts
3.4 Pre-Feasibility Studies including drafts
3.5 Feasibility Studies including drafts
3.6 Confidentiality Agreements with any manufacturer or fabricator of the refinery components or equipment.
3.7 Technical consulting agreements
3.8 Other
11
4.0
LAND/REFINERY SITE LOCATION
4.1 Purchase and Sale Agreement for refinery location in Pecos County, Texas entered into between Maple Resources Corporation and Hayes Parker dated as of February 20, 2017.
4.2 Maps of possible locations
4.3 Ownership maps
4.4 Term Sheets, MOU’s Letters of Intent with potential landowners
4.5 Rights of way, easements
4.6 Land Use Permits
4.7
Legal review, Title Opinions
4.8
Royalty Agreements
4.9
Other
5.0
WATER
5.1
Water Use Permits
5.2
Studies relating to water use/availability of water
5.3
Consulting Studies
5.4
Other
6.0
AIR
6.1
Air monitoring tests
6.2
Air Permits
6.3
Studies related to Air Quality
6.4
Consulting Studies
6.5
Other
7.0
REGULATORY
7.1
Texas Commission on Environmental Quality documentation/pre-filing conferences.
7.2
Railroad Commission of Texas documentation/contacts
7.3
Texas General Land Office documentation/contacts
7.4
Consulting Studies
7.5
Other
12
8.0
FEEDSTOCK SUPPLY
8.1 Any documentation regarding feedstock supply
8.2 Reserve Studies
8.3 Term Sheets, MOU’s, Letters of Intent regarding feedstock supplies
8.4 Area of Interest reserve reports, documentation
8.5 Royalty Agreements
8.6 Landowner supporting documentation
8.7 Contact documentation for feedstock supplies
8.8 Market analysis
8.9 Other
9.0
OFFTAKE AGREEMENTS
9.1 Market Studies for marketing in Mexico or other export markets
9.2 Contact Documentation/engagement letters with Distributors/Trading companies.
9.3 Pricing Studies
9.4 Railroad Access and Rates
9.5 Contact Documentation for transportation of products.
9.6 Consulting Studies
10.0
FINANCING/FINANCIAL
10.1 List of Financing Contacts, documents, etc.
10.2 Engagement Letters
10.3 Term Sheets/LOI’s
13
You forget MMEX was sub penny when they exchanged shares, of course the amount to exchange would go down after the massive climb the stock price had
Waived because the amount of shares were to be adjusted accordingly , it's in the 8-k. And the contract
The 1.5 were NOT sold in the market, nor can they be. They are restricted, not even registered
Maple has lots, the CEO didn't deny that mmex had been for me the and sold off its assets. No pump .
The SHELL had little value , what's being put into it will have lots
Anyone screenshot lvl2?
Actualy they need increased refining capacity
Where I'm from in Alberta oil is what we do, they also needed refining, none of the big boys are building and what do ya know , a group of investors got the ball going
http://globalnews.ca/news/3142140/group-behind-new-alberta-refinery-believes-it-could-triple-in-size/
Because only acredited investors qualify to make certain investments. Much like buying into privately held companies
And if you notice the wording it isn't plans to purchase, it's HAS purchased the plant for 20 million
It's actually a local news agency
They also bought a 20 million gas plant. Just because one project didn't pan out, doesn't make them a fraud
Were not interested in mineral rights just the land and location , and hanks didn't hid that mmex is a shell, he made that VERY clear.
Mythical, well seeing as doty scott said they WERE doing the evaluation, that puts it out of the mythical realm, now mmex is a pinkie, Maple is far from being a pink sheet. 18 months ago purchased a gas plant for 20 million.
Snapshot lvl2 anyone?
At 55,000 BPD it's all state, not federal
Also if you took the time to read the contract
(c) Appointment of Two Directors Nominated by Purchaser. The Purchaser may nominate, and the Company shall use commercially reasonable efforts to cause the election by its shareholders of, up to two directors nominated by Purchaser by resolution of the Board of Directors delivered at Closing. All directors shall serve subject to the By-Laws of the Company.
This was done a mere 18 months ago
http://m.centralamericadata.com/en/article/home/Guatemala_Fuel_Plant_Bought_for_20_million
You realize the shares given to maple were given to the company as acredited investors, which means they MUST meet the criteria, so to say they have no assets or money
From the contract
3.3 Further Limitations on Disposition. The Purchaser understands and acknowledges that the offering and issuance of the Shares will not be registered under the Securities Act on the grounds that the offering and issuance of the Shares are exempt from registration under the Securities Act, and that the Company’s reliance upon such exemption is predicated upon the Purchaser’s representations set forth in this Agreement. The Purchaser understands and acknowledges that the Shares must be held indefinitely and it cannot dispose of the Shares unless the offer and sale of the Shares is registered under the Securities Act or unless an exemption from registration is available.
Need to find a post older then 48 hours
And I'm also a fellow albertan! Work in Lloydminster with heavy oil tanks and vessels
The mayor has stated as far as he knows the project is moving forward
Yes in the contract they are restricted shares exchanged to maple as acredited investors
As for the financial aspect, the shares given to maple were sold to them as accredited investors, which also means they need to meet certain financial requirements
Yes but I'll they sell some at .02 or at .20 .
I would also go as far as saying financing is probably locked, I don't think k a company such as KPE would agreee and make public statements without proof of being able to finance such a project.
Actualy I'm pretty sure I. His filings he's stated that maple is transfering the land, so maple already owned the land.
Exactly! The fact that they are NOT pumping out fluff piece after fluff piece like many pinkies is a good sign I'd say, well get the info when it's ready . Well go from no news to major breakthrough.
Read the contracts
You seriously undervalued maple